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Sunday, August 7, 2011

China Comes Out of the Closet...

....with it's new global gold-backed currency idea. Here a well-respected blogger (Zerohedge) still sees it as China 'gloating', but I think Fulford is right on this one, and the BRICS economies have had enough of the Anglo-American Empires causing death, destruction, war, famine and turmoil whilst expecting everyone else to pay for it. This is the beginning of the brighter future he has talked about:

'International supervision over the issue of U.S. dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country.'